Latest news with #CanaryTechnologies
Hospitality Net
18 hours ago
- Business
- Hospitality Net
Canary Technologies Raises $80M to Solidify Its Position as the Hospitality AI Leader and Accelerate Global Reach
Canary Technologies, the award-winning global leader in hotel guest management technology, announced today it has closed an $80 million Series D round of funding to accelerate the company's global expansion as a leader in hospitality AI. Brighton Park Capital led the round, with participation from existing investors: Insight Partners, F-Prime Capital, Thayer Ventures, Y-Combinator and Commerce Ventures. This latest investment brings Canary's valuation to approximately $600 million dollars. This fundraise comes on the heels of a $50M Series C raise announced 12 months ago and caps off an impressive year of growth marked by major partnerships with Best Western, Aimbridge Hospitality, Marriott, Wyndham, TUI Hotels & Resorts, and others. Additionally, Canary unveiled the launch of new cutting-edge AI products, including AI Voice and Webchat. As global demand for AI-powered guest engagement solutions continues to rise, Canary will use the funding to accelerate its rapid expansion. The hospitality industry is entering a new era powered by AI, and we're proud to be at the forefront of that transformation. Through intelligent, enterprise-grade solutions, we're helping hotels run smarter, deliver faster service and create more personalized guest experiences at scale. This latest investment reflects both the extraordinary dedication of the team—whose work is redefining what's possible—and the growing impact Canary is making across the industry. We're energized by the strong demand and excited to expand our partnerships with many of the world's leading hoteliers. Harman Singh Narula, CEO and Co-founder of Canary The announcement builds on Canary's accelerating growth and influence across the hospitality sector. Today, the company supports more than 20,000 hotels in over 100 countries and serves as the enterprise partner of choice for leading global brands, including Marriott, Wyndham, Best Western and many others. Canary has earned consistent recognition from industry experts—named the #1 Guest Experience Platform in consecutive years by HotelTechReport, and recognized by Deloitte, Fast Company and more. This milestone reflects our team's continued commitment to building solutions that elevate the industry. Our AI solutions are crafted in close partnership with customers, purpose-built for hospitality, and deeply inspired by hoteliers' day-to-day workflows. When our hotel partners dream of better service, smarter operations, or more delightful guest experiences, our team works hard to turn those dreams into reality with precision, scale and purpose. SJ Sawhney, President and Co-Founder of Canary Technologies Canary's scale and growth within the travel and hospitality sector are truly unprecedented. We're thrilled to partner with Harman, SJ, and the entire team as they accelerate their momentum and solidify their position as a category leader. Their dedication to delivering enterprise-grade, high-impact solutions for hoteliers positions them for long-term success and sustained global leadership. Kevin Magan, Partner at Brighton Park Capital About Canary Technologies Founded in 2018 by lifelong friends and hospitality experts Harman Singh Narula and SJ Sawhney, Canary Technologies was born out of a shared vision: to create intuitive, guest-centric technology that redefines the hospitality experience. Today, Canary serves properties of all sizes—from independent boutiques to global hotel brands—delivering a unified platform that modernizes hotel operations and transforms the guest journey, from pre-booking to checkout. For more information, visit About Brighton Park Capital Brighton Park Capital is a New York-based investment firm focused on entrepreneur-led, growth-stage software, healthcare and tech-enabled services companies. The firm invests in companies that provide highly innovative solutions in partnership with great management teams. Brighton Park brings purpose-built, value-add capabilities that match the unique requirements of each of its companies. For more information about Brighton Park Capital, please visit Amanda McDowell Content Marketing Manager View source
Hospitality Net
3 days ago
- Business
- Hospitality Net
Cloudbeds and Canary Technologies Forge Strategic Alliance to Revolutionize Hotel Operations and Guest Experiences for Mutual Customers
SAN DIEGO, CA – Cloudbeds, the hospitality industry's leading platform for property management, and Canary Technologies, the hospitality industry's leading guest experience platform, today announced a powerful strategic partnership. This collaboration represents a shared commitment to innovation, delivering an unparalleled, integrated solution that will empower shared hotelier customers to achieve new levels of efficiency, elevate the guest journey, and significantly boost profitability. This partnership is a bold step forward, uniting Cloudbeds' robust core property management system (PMS), channel manager, and booking engine with Canary Technologies' cutting-edge guest management system, including mobile check-in, upsells, AI-powered guest communication, secure transactions, and more. The deep, native integration is designed to create a truly synergistic ecosystem, eliminating data silos, automating workflows, and providing hoteliers with a holistic, real-time view of their operations and guest interactions. Our partnership with Canary Technologies is about delivering real, measurable impact for hoteliers, said Sebastien Leitner, VP Partnerships at Cloudbeds. Together, we're removing the friction that often slows down hotel operations and replacing it with a seamless experience that connects teams and guests like never before. This integration gives our mutual customers the tools they need to power their business on their terms. The powerful integration will ensure a frictionless, real-time flow of critical information between the Cloudbeds platform and Canary Technologies' solutions. For hoteliers utilizing both platforms, this means: Unprecedented Operational Harmony: Eliminate manual data entry, reduce errors, and automate key processes, allowing staff to shift focus from administrative burdens to delivering exceptional, personalized service. Eliminate manual data entry, reduce errors, and automate key processes, allowing staff to shift focus from administrative burdens to delivering exceptional, personalized service. Elevated and Personalized Guest Journeys: Provide guests with a modern, convenient experience from booking to check out, with seamless digital interactions, contactless options, and personalized communication that drives satisfaction and loyalty. Provide guests with a modern, convenient experience from booking to check out, with seamless digital interactions, contactless options, and personalized communication that drives satisfaction and loyalty. Accelerated Revenue Growth: Leverage unified data and streamlined processes to optimize upsell opportunities, enhance direct booking conversions, and maximize overall profitability with greater ease. Leverage unified data and streamlined processes to optimize upsell opportunities, enhance direct booking conversions, and maximize overall profitability with greater ease. Unified and Actionable Intelligence: Gain deeper insights into guest behavior and operational performance through a consolidated view of data, empowering smarter decision-making and more strategic resource allocation. Today's hoteliers are looking for integrated solutions that simplify operations, elevate the guest experience, and contribute directly to the bottom line, said Bryan Michalis, VP of Strategic Partnerships at Canary Technologies. Our integration with Cloudbeds reflects this shift — helping hotels streamline their tech stack, meet the expectations of modern travelers and unlock new revenue opportunities. We're excited to collaborate on a solution that delivers real impact across the guest journey for our mutual customers. Hoteliers currently utilizing or considering Cloudbeds and Canary Technologies can expect a seamless implementation process and dedicated joint support to maximize the transformative benefits of this strategic partnership. To learn more, visit Cloudbeds and Canary Technologies at HITEC in Indianapolis, June 16th to June 19th, 2025, where both companies will be exhibiting. About Cloudbeds Cloudbeds is the leading platform redefining the concept of PMS for the hospitality industry, serving tens of thousands of properties in more than 150 countries worldwide. Built from the ground up to be masterfully unified and scalable, the award-winning Cloudbeds Platform brings together built-in and integrated solutions that modernize hotel operations, distribution, guest experience, and data & analytics. Founded in 2012, Cloudbeds has been named a top PMS, Hotel Management System and Channel Manager (2021-2025) by Hotel Tech Report, World's Best Hotel PMS Solutions Provider (2022) by World Travel Awards, and recognized in Deloitte's Technology Fast 500 in 2024. For more information, visit About Canary Technologies Canary Technologies is modernizing the hotel tech stack with its award-winning AI-powered Guest Management Platform. Digitizing guest touchpoints from booking to checkout, Canary's cutting-edge solutions simplify hotel operations, boost revenue, and elevate the guest experience. Enabling these innovations is Canary AI, the most advanced AI model built specifically for hotels. Trusted by 20,000+ hotels in 100+ countries, Canary powers top brands like Marriott, Four Seasons, and Wyndham. Recognized as an industry innovator by Fast Company, Deloitte, and Business Insider. Learn more at View source
Yahoo
15-04-2025
- Business
- Yahoo
A Fully AI Powered Hotel In Las Vegas Has Started Taking Orders, Promising The Ultimate User Experience
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Have you ever wondered how artificial intelligence will affect the hospitality industry? A newly opened AI-powered hotel and apartment complex in Las Vegas can help you find out. The Otonomus Hotel, located just off the Strip, has started taking bookings for its Jul. 1 opening. The Las Vegas Review-Journal reports that it promises a streamlined and personalized user experience, allowing guests to choose what kind of coffee and towels they prefer. Don't Miss:This Jeff Bezos-backed startup will allow you to . By using an app called Kee, users can carry out all the usual hotel booking steps, such as choosing their stay dates and room service preferences, while the app tracks their inputs and uses the data to create a 'unique' experience, according to the Review-Journal. This experience includes online purchases at the hotel's 40,000 square feet of retail, with 21,000 square feet of inline retail, including restaurants where guests can pre-order meals remotely. According to Hotels magazine, The Otonomus is hardly unique as AI has been an increasingly vital component of the hospitality business. In a recent survey by Canary Technologies, 77% of respondents said they are planning to allocate between 5% and 50% of their IT budgets toward AI tools in the coming year. 'Hospitality professionals now have a valuable resource to help them make key decisions about AI technology,' SJ Sawhney, president and co-founder of Canary Technologies, told Hotels magazine, 'This report shows that the AI revolution in hospitality isn't just on the horizon — it's already here. With actionable data and insights, we aim to empower hoteliers to successfully implement AI tools that will drive growth and efficiency.' Trending: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. According to the study, AI is particularly useful in the following hospitality sectors: Personalized automated responses Helps to increase bookings and revenue Helps hotels staff to streamline their operations Offers round-the-clock multi-lingual support AI usage in the hospitality business is big business for software developers. According to Netsuite, it was worth $90 million in 2023 and will be worth $8 billion by 2033. Artificial intelligence is already used extensively on vacation booking platforms such as Airbnb (NASDAQ:ABNB), according to Netsuite. As with Airbnb, embedded machine learning technology spread across the entire hotel industry can be used for everything from dynamic pricing to optimizing housekeeping schedules. Many AI-centric software companies are vying for coveted hospitality business. According to HotelTechReport, different companies specialize in different aspects of the arena, ranging from guest engagement and upselling to dynamic pricing, staffing optimization, fraud prevention, and job postings. However, one AI sector can potentially disrupt the entire hospitality ecosystem as we know it: to Market Research Future, the market for hospitality robots is projected to reach $65.4 billion by 2032. Labor shortages and increasing overhead mean that service robots are destined to play an important role in the hospitality industry. They are rapidly being integrated into hotels, restaurants, and cafes, with robots doing everything from folding laundry to greeting guests, carrying luggage, delivering room service, and more. 'The days of the one-size-fits-all experience in hospitality is really antiquated,' Steve Escalante, vice president of business development of the Otonomus hotel's ownership group, told the Las Vegas Sun. 'The spirit of the concept is really to create and provide, through technology, a much more personalized experience for the user.' For now, however, Otonomous is holding off on robots, having considered them. They're 'part of the wave of the future,' Escalante said, but for the time being, the hotel wanted to emphasize the 'human touch.' Read Next: Wondering if your investments can get you to a $5,000,000 nest egg? Speak to a financial advisor today. to decide which one is right for you. , which provides access to a pool of short-term loans backed by residential real estate with just a $100 minimum. Send To MSN: 0 This article A Fully AI Powered Hotel In Las Vegas Has Started Taking Orders, Promising The Ultimate User Experience originally appeared on Sign in to access your portfolio
Yahoo
04-03-2025
- Business
- Yahoo
IHTF Europe 2025 finalists announced
The International Hotel Technology Forum (IHTF) Europe 2025 is set to take place from 18th to 20th March at the stunning Tivoli Marina Vilamoura Algarve Resort in Portugal. Now in its 20th year, this premier event brings together hoteliers, technology experts, and innovators to explore the latest industry trends, challenges, and breakthrough solutions. As part of the forum, the prestigious International Hotel Technology Awards Europe 2025 will celebrate the most groundbreaking achievements in hotel technology. The winners will be announced during an exclusive awards ceremony and gala dinner on 19th March 2025 at the Tivoli Marina Vilamoura Algarve Resort. The evening will feature a drinks reception, a three-course dinner, and unparalleled networking opportunities with industry leaders. The shortlist of finalists across key categories has now been revealed, recognising organisations and individuals who are pushing the boundaries of innovation in the hospitality sector. AI Adoption of the Year Canary Technologies Aquaworld Resort Budapest & Everguest Hey Lou Hotels & GauVendi PortoBay Hotels & Resorts Radisson Hotel Group Strawberry Hotels CTO/CIO of the Year Kai Wolffram Kari Anna Fiskvik ESG Initiative of the Year Blue & Green Hotels & Resorts Valamar Riviera d.d. Hotel App of the Year Everguest RIU & Joyned The Largo & OKKAMI Radisson Hotel Group Staymaster Strawberry Hotels In-Room Guest Tech of the Year Alexa Smart Properties X NH Collection Hotels Esferize Comunicaciones London Marriott County Hall Hotel X IRIS Minor Hotels Europe & Americas Orbital Systems Nordic Choice Hotels & Philips AMANO & SuitePad Boscolo Lyon Hotel & SuitePad Yuvod Clarion Hotel Post & Zaplox Integrated Staff Operations Tech of the Year CitizenM & Aphy RPA BV Belmond Wyndham Hotels & Canary Technologies Dharma EISI SOFT The View Oasis Hotel & Sweeply Whitbread Dorint Hotel Alzey/Worms & hotelkit Resort Tech Innovation of the Year Belmond Everguest Valamar Riviera d.d. With a stellar lineup of finalists, this year's awards promise to be a celebration of cutting-edge solutions shaping the future of hotel technology. The IHTF Europe 2025 is not just about recognising excellence—it's a hub for collaboration, learning, and innovation. Attendees will gain exclusive insights from high-level speakers, participate in industry-led case studies, and engage in one-to-one business meetings. Stay ahead of the curve and be part of the conversation shaping the future of hospitality technology. For more information, visit: IHTF Europe 2025 "IHTF Europe 2025 finalists announced" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
